What does off-plan property mean?

Signing a contract to purchase a property that has not yet been built is known as an off – plan property . It is more inexpensive for potential investors to invest in off-plan projects in Dubai than it is to purchase a built-in home, which is pricier . Dubai’s real estate market draws serious investors from around the world.

Can anyone buy a property in Dubai?

In contrast to many other nations, the real estate market in Dubai is open to anyone. You are free to purchase and own property in any of Dubai’s freehold neighborhoods.

How can properties be registered in Dubai?

Dubai Land Department is the sole, legally authorized entity to register and document all real estate transactions. This is done through an electronic system (e-register) dedicated to this purpose, in accordance with DLD’s specific procedures and based on certain documents and papers. The transactions undertaken by real estate developers are recorded through the developers’ self-registration system. The rest of the transactions must be completed by the owner(s) or their representatives, with an official power of attorney at the Real Estate Registration Trustee centres located in different regions across Dubai.

Should real estate transactions be registered in Dubai Land Department?

All real estate legislations in Dubai stress the necessity of registering all real estate transactions including ownership, transfer, or change with or without compensation in order to guarantee the rights of investors. All r eal estate transactions that are not registered in DLD’s registers are considered invalid.

What guarantee do I have that my development will be completed?

The Real Estate Regulatory Authority (RERA) has established several requirements that the developer must meet in order to help ensure that an off-plan project is finished. One of these demands that the developer possess all the project-related land. Additionally, the developer must either provide a 20% bank guarantee down payment, place 20% in an escrow account, or finish 20% of the building before selling off-plan. RERA requires contractors to present a 10% performance guarantee in addition to the procedures .

When is the completed property transferred to the Real Estate Registry and the title deed issued?

The law requires developers to register completed projects in Dubai Land Department as soon as they receive a certificate of completion from the competent authorities. Accordingly, the real estate units that have been fully paid for will be transferred from the initial register to the Real Estate Registry and issuing the title deed/usufruct certificate for the investor.

Dubai Islands Off Plan Properties

Live Outside the Ordinary

Dubai Islands, developed by Nakheel, will feature white sandy beaches, a wellness resort spa, fitness and yoga retreats and a marina village. Sports enthusiasts will appreciate the sports facilities and golf courses by the sea. A water park, a lifestyle oasis park, a marina and promenade will become your favourite places to relax and have fun with close ones. Dubai Islands will also boast boutique offerings and hotels.

AED 2,600,000

Starting Price

Buy Directly

from developer

Luxury in the heart of Dubai

30 Minutes

to Marina

25 Minutes

to Downtown

20 Minutes

to DXB

55 Minutes

to DWC

Dubai Islands

The development will feature a great number of residences of different types and layouts, including 1–3 bedroom apartments, 4-bedroom duplexes, 2-3 bedrooms beach houses and a limited collection of standalone villas with direct access to the beach. The total areas of the properties will range from 998 sq. ft to 11,507 sq. ft.

The interiors of the residences will evoke a timeless atmosphere and mix comfort with style. Spacious floorplans and a seamless indoor-outdoor transition will let you realize all your dreams, while branded appliances and high-end finishes will bring your life to the level of luxury. Large terraces, balconies and private gardens will overlook the waterfront, beach and podium garden.

Ideal to Raise A Family

Properties for sale in Dubai Islands

APARTMENTS

VILLAS

Rixos Dubai Island

AED 2,600,000

Why

Dubai Islands

Rixos Dubai Islands Hotel & Residences boasts a favourable location on the iconic Dubai Islands, formerly known as Deira Islands. Travel time to Downtown Dubai will take 25 minutes, while Deira will be accessible within 15 minutes by car. Dubai International Airport will be located within a 20-minute drive.

Dubai Islands will feature white sandy beaches, a wellness resort spa, fitness and yoga retreats and a marina village. Sports enthusiasts will appreciate the sports facilities and golf courses by the sea. A water park, a lifestyle oasis park, a marina and promenade will become your favourite places to relax and have fun with close ones. Dubai Islands will also boast boutique offerings and hotels.

Among the iconic Dubai museums that are located within a 10–15 minute drive are the House of Creativity, Dubai Police Museum and Private Classic Car Collection. The closest shopping options will include City Centre Deira, City Centre Al Shindagha and BurJuman Mall. Families with children will appreciate the close proximity to The Elite English School, Victoria International School, Pristine Private School and Apple International School.